The Ledger That Contains the Financial Statement Accounts of a Business

question 59

Multiple Choice

The ledger that contains the financial statement accounts of a business is the

• A) Columnar journal
• B) Accounts payable ledger
• C) General journal
• D) General ledger
• E) Subsidiary ledger

---

Definitions:

Variances

Statistical measures reflecting the dispersion or spread of a set of data points or how far each value in the set is from the mean.

Covariance

A measure that indicates the extent to which two variables change together; if they increase or decrease similarly.

Coefficient Of Correlation

An index that measures the magnitude and direction of a straight-line association between two variables.

Coefficient Of Correlation

An analytical tool that evaluates the strength of the association between the relative shifts of two variables.